Australia's ALS jumps on higher annual profit

ALS

18/05/2026 03:40

** Shares of ALS ALQ.AX gain as much as 3.2% to A$22.90, their biggest intraday pct gain since May 6

** The company, which provides testing services to different industries, posted a 24.4% jump in full-year net profit attributable to A$318.7 million

** ALS's annual revenue grew 18.8%, driven largely by organic revenue growth, the company said

** Shares up roughly 3%, YTD

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))